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SANTOS LIMITED — Capital/Financing Update 2016
May 25, 2016
65872_rns_2016-05-25_b679f6d5-3a20-4e3d-bcff-033f278365c6.pdf
Capital/Financing Update
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ASX/Media Release
26 May 2016
First LNG from GLNG train 2
Santos today announced that GLNG train 2 has started producing liquefied natural gas (LNG) on Curtis Island, Queensland.
Today’s announcement follows first LNG production from train 1 in September 2015 and GLNG’s first LNG export cargo in October 2015.
Santos Managing Director and Chief Executive Officer Kevin Gallagher said first LNG from train 2 was another milestone for GLNG and marked the successful delivery of the two-train project, which has already produced over two million tonnes of LNG and shipped 32 cargoes.
“GLNG train 2 start-up adds to Santos’ LNG portfolio, which also includes the Darwin LNG and PNG LNG projects,” Mr Gallagher said.
Santos is the operator and has a 30% interest in GLNG. Other co-venturers are PETRONAS (27.5%), Total (27.5%) and KOGAS (15%).
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Media enquiries Rob Malinauskas +61 8 8116 5918 / +61 (0) 438 862 132 [email protected]
Investor enquiries Andrew Nairn +61 8 8116 5314 / +61 (0) 437 166 497 [email protected]
Santos Limited ABN 80 007 550 923 GPO Box 2455, Adelaide SA 5001 T: +61 8 8116 5000 / F: +61 8 8116 5131 www.santos.com